Tommy s Machine shop purchases 2,500 boxes a year of a particular product The supplier offers the following discounts Quantity Unit price 1 699 $ 7 700 or more $ 5 The order cost is $ 50 per order and the holding cost is 30 per unit per year How many units should the company purchase per order What...

selution DATE PAGE Given Annual bemand D 2500 bokes ordesing lost Co 50 erder per y hel ...

Tommy?s Machine shop purchases 2,500 boxes a year of a particular product. The supplier offers the following

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Tommy?s Machine shop purchases 2,500 boxes a year of a particular product. The supplier offers the following discounts

Quantity	Unit price
1 - 699	$ 7
700 or more	$ 5

The order cost is $ 50 per order and the holding cost is 30% per unit per year.

How many units should the company purchase per order? What is the total cost?

Note: Round up the EOQ.2DSlo =HTC =? ?H+ ?s +RDDSSelect one:a. 409 units with a TC=$ 15,285.4O b. 700 units a TC=$

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Introduction to Management Science

ISBN: 978-0132751919

11th Edition

Authors: Bernard W. Taylor

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Posted Date: Mar 10, 2022 07:25 AM

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Introduction to Management Science

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